VOL. 126 | NO. 205 | Thursday, October 20, 2011
Memphis-based electrical component maker Thomas & Betts Corp. on Thursday, Oct. 20, reported 32 percent growth in net earnings for the third quarter and raised its earnings outlook for 2011.
Agritourism a growing business model in region
In the Mid-South, pumpkin picking, corn-maze meandering and hayrides across fields of crisp fallen leaves spell October – by far the busiest month for local agritourism businesses.
The possibility the city of Memphis could file a lawsuit against the NBA over the league’s still unresolved player lockout has cast a spotlight over the intricate funding plan that paid the debt associated with building FedExForum.
Memphis Mayor A C Wharton Jr. and City Attorney Herman Morris are examining a tentative management agreement for an Overton Park Conservancy to run the Midtown landmark that would remain under city of Memphis ownership.
One of the most complex and technical parts of city government any Memphis City Council member can delve into is the rules that govern the city’s wrecker industry.
Each fall, RiverArtsFest hosts hundreds of nationally renowned artisans and thousands of Mid-Southerners to celebrate the fine arts during a two-day outdoor festival that is free and open to the public.
The collaborative law movement has reached Memphis, and Wanda B. Shea, founding member of Shea Moskovitz & McGhee PLC, has helped an array of people using this relatively new brand of “no court” divorce.
Ray’s Take: Before you start choosing between the various life insurance products, it’s important to first determine if you even need life insurance. Second, determine the amount needed. The type of contract should be the last decision. Performing a risk management analysis is an important first step to take before jumping into policy plans.
Jackson, Wyo. This charming town of 9,577 residents is the principal municipality of the area known as Jackson Hole. It’s also the seat of Teton County.
AUSTIN, Texas (AP) – Temple-Inland Inc., the box and building material producer that Memphis-based International Paper agreed in September to acquire, said Wednesday its third-quarter profit tumbled to a fraction of what it was a year ago, weighed down by hefty one-time charges.
NASHVILLE (AP) – State Rep. Curry Todd has returned to the Legislature for the first time since his arrest on drunken driving and gun charges.
WASHINGTON (AP) – Consumers paid more for food and gas last month, although inflation outside those volatile categories was tame.
DES MOINES, Iowa (AP) – Worker skepticism about having enough money to retire comfortably has taken a nosedive in a new national survey. Just 23 percent say they're very confident about being able to pay basic living expenses in retirement. That's down from 46 percent in 2008.
NEW YORK (AP) – Holiday travelers may want to lock in airfares now, because they're going up.
WASHINGTON (AP) – Citigroup has agreed to pay $285 million to settle civil fraud charges that it misled buyers of complex mortgage investment just as the housing market was starting to collapse.
NEW YORK (AP) – Morgan Stanley emerged from the tumultuous third quarter in better shape than most of its Wall Street rivals.
WASHINGTON (AP) – A rare show of bipartisanship in a divided Congress produced a deal to fix an education law long considered flawed, until a single senator stalled progress Wednesday, Oct. 19.
NORTH CHESTERFIELD, Va. (AP) – President Barack Obama teamed up with his popular and personable wife Wednesday on the final leg of a three-day bus trip, seeking to use her broad appeal to rally support for elements of his jobs bill and his re-election campaign.
WASHINGTON (AP) – Most areas of the country reported slight economic improvement in September and early October, according to a Federal Reserve survey of its 12 bank regions. But several regions said a hazier economic outlook is making businesses more cautious and holding back their spending.
WASHINGTON (AP) – A government watchdog says the boards of regional Federal Reserve banks need stronger policies to avoid conflicts of interest.
WASHINGTON (AP) – Social Security benefits will go up by 3.6 percent next year, the first increase since 2009 for the one in five Americans who rely on government retirement and disability programs.
WASHINGTON (AP) – Home builders started projects in September at the fastest pace in 17 months, a hopeful sign for the economy.
NEW YORK (AP) – A Senate antitrust subcommittee plans to hold a hearing on the proposed combination of pharmacy benefits managers Express Scripts Inc. and Medco Health Solutions Inc. It would be the second committee to look into the $29.1 billion deal.
NEW YORK (AP) – Apple Inc. said Tuesday that C Spire Wireless, the country's eighth-largest phone company, will start selling the iPhone 4S in a few weeks.
SEATTLE (AP) – Online retailer Amazon.com Inc. said Wednesday that it has expanded its licensing agreement with PBS to let members of its Amazon Prime premium shipping program watch current and older PBS programs.